Region

Renewable Energy Source

At least 67 countries had used auctions for renewable energy contracts by mid-2016, up from less than 10 in 2005. This auctions report from the International Renewable Energy Agency (IRENA) provides key updates on this crucial mechanism for price discovery and market development.

Assets like power plants can become “stranded” by unanticipated or premature write-downs, devaluation or conversion to liabilities. This will happen to some degree in the transition to a low-carbon economy. However delaying action to address climate change would result in significantly more severe asset stranding, according to this analysis by the International...

Scaling up renewable energy calls for mobilising a massive investment increase. Renewables bring far reaching benefits in terms of human health, energy access, environmental protection and the response to climate change, along with the potential to create new jobs around the world.